Despite the consolidation range we are in i still think the market will break to the downside following my FIB projection and the bearish structure as well as a Trendline break and retest that happened on the 4H timeframe.
Confluence: Resistance level + Break and retest of 4H Trendline, candlestick pattern I think it will continue going downwards. Lets catch them pips
We can possibly see a continuation to the downside for EURUSD following a break and current retest of the 4h Trendline. on H1 we see a fib retracement zone. Lets wait and see how it unfolds
Confluence: resistance, supply zone , break and retest of structure, fib prz
Bearish structure broken and retested. Fibonacci PRZ between 50 and 61.8%. Trend line also broken
Structure has been broken and looking forward to a retest of either the previous HL or the broken trendline then go for sells.
Break and retest off the descending triangle. Selling zone!
Confluence: Bullish trend and structure held, third touch on the inner trend line, FIB PRZ touched.